{"id":61692,"date":"2009-12-03T15:39:12","date_gmt":"2009-12-03T20:39:12","guid":{"rendered":"http:\/\/www.businessinsider.com\/hedge-funds-love-call-of-duty-2009-12"},"modified":"2009-12-03T15:39:12","modified_gmt":"2009-12-03T20:39:12","slug":"hedge-funds-love-activisions-call-of-duty","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/61692","title":{"rendered":"Hedge Funds Love Activision&#8217;s &#8220;Call Of Duty&#8221;"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=5db9b9140a5b214a80373500\" border=\"0\" alt=\"videogame girl\" \/><\/p>\n<p>Over a dozen hedge funds have invested in the video game company, Activision, according to <a href=\"http:\/\/www.reuters.com\/article\/rbssTechMediaTelecomNews\/idUSN0350209620091203\">Reuters.<\/a><\/p>\n<p>The massive investment is a bit surprising, because the video game market is down 12% this year in the US.<\/p>\n<p>But Activision A(TVI) shares are up 30% this year, mostly due to the release of the monster hit &#8220;Call of Duty.&#8221; The gaming company also has recurring revenue from &#8220;World of Warcraft,&#8221; and &#8220;Starcraft 2&#8221; is set to be released next year.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.reuters.com\/article\/rbssTechMediaTelecomNews\/idUSN0350209620091203\">Reuters:<\/a> &#8220;The expectation for &#8216;Call of Duty&#8217; is probably what they were trading into,&#8221; said Janco Partners analyst Mike Hickey, regarding fund manager&#8217;s buying shares. &#8220;You think these things are already priced in, but it never seems to be.&#8221;<\/p>\n<p>Soros Fund (who bought 22,000 shares), Singh&#8217;s TPG Axon Capital (who bought 4.3 million shares), Adage Capital, and Carlson Capital are among those who have invested.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.reuters.com\/article\/rbssTechMediaTelecomNews\/idUSN0350209620091203?pageNumber=1&amp;virtualBrandChannel=11617\">Read the full story &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/hedge-funds-love-call-of-duty-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/george-soros-taking-heat-over-ties-to-pro-iranian-group-2009-11\">George Soros Taking Heat Over Ties To Pro-Iranian Group<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/is-george-soros-to-blame-for-the-weak-dollar-2009-11\">Columnist: &quot;Soros Style&quot; Investing Is What&#8217;s Killing The Dollar<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/wow-soros-is-betting-on-ford-2009-11\">Surprise, George Soros Is Bullish On Ford (F, VZ, WMT)<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Y37q37Tn-Y8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over a dozen hedge funds have invested in the video game company, Activision, according to Reuters. The massive investment is a bit surprising, because the video game market is down 12% this year in the US. But Activision A(TVI) shares are up 30% this year, mostly due to the release of the monster hit &#8220;Call [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-61692","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=61692"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61692\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=61692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=61692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=61692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}